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5Paisa Vs SAS Online Comparison- Which For Trading

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Introduction

These broking companies are providing several trading facilities to their consumers. A relative study of 5 Paisa vs SAS Online can lead you to the best.

5Paisa started its journey from Mumbai as a discount broker in 2016. It is a part of the IIFL (India Infoline Finance Ltd) family. 

Also, it charges brokerage INR.10/- per trade – which is the lowest recorded brokerage charge to date in India. 

On the other hand, SAS Online (South Asian Stocks Ltd.) incorporated in 2013 as a discount broking organization. 

It has its depository participant service. It also has brokerage plan options. SAS Online doesn’t have any NRI trading facility also. 

Notable Feature: 

5Paisa:

  1. Enables Instant paperless account opening with Aadhaar. 
  2. In association with various insurance companies offers different insurance to the customer as an investment option. 
  3. The robotic advisory platform for the investor for a customized experience. 
  4. Flat INR. 10/- brokerage for currency derivatives, Future, option & Equity cash. 

SAS Online: 

  1. IPO, Mutual Fund & Bond trading not available.
  2. A different monthly type plan is available.
  3. The lowest trading plan offered by SAS Online.
  4. Marginal trading facility available. 
5Paisa Vs sas online

Overall Overview

Here we have compared 5Paisa and SAS Online based on customer ratings available in various public sites. 

We can see clearly from this comparison that both 5paisa & SAS Online have similar ratings in terms of brokerage, trading medium, products & customer assistance.

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 Particulars5PaisaSAS Online
Overall Rating✰✰✰✰✰✰✰✰
Brokerage Charges✰✰✰✰✰✰✰✰
Trading Platform✰✰✰✰✰✰✰✰
Investments Offering✰✰✰✰✰✰✰✰
Customer Service✰✰✰✰✰✰✰✰
Broker Type Discount BrokerDiscount Broker
Exchanges Supported BSE, NSENSE, BSE, and MCX

Account Opening Charge & Account Maintainance Charge 

Considering 5Paisa & SAS Online based on AOC & AMC we get the below-mentioned details. 

Here we can see that 5 Paisa offers trading account AMC and DEMAT account opening for free. Conversely, SAS Online offers free AMC on trading & DEMAT accounts. 

Particulars5paisaSAS Online
Trading Account Opening Fees650 Rupees (Free Now Promotion Offer)200 Rupees
Trading AMCFree of costFree of cost
DEMAT Account Opening FeesFree of cost200 Rupees
DEMAT AMC45 Rupees PM if Trade, else ZeroFree of cost
Provide DP Service🗹🗹

5Paisa Vs SAS Online Brokerage Plan 

Assessing 5Paisa & SAS Online based on brokerage plan we get the below details. Only SAS Online provides Multiple & Monthly types of brokerage plans. 5Paisa doesn’t offer any such plans to its investors. 

Particulars5paisa BrokerageSAS Online Brokerage
Multiple Plans🗹
Monthly Plans🗹
Yearly Plans

Based on brokerage charge we here have compared 5Paisa & SAS Online as below. 

Both brokers offer flat fee-based brokerage charges & also both of them don’t charge minimum brokerage. 

Particulars 5paisaSAS Online
Plan NameFlat Fee 20 Rupees Trading PlanMax 9 Rupees Per Order Trading Plan
Equity DeliveryFlat Fee 20 Rupees0.1% or 9 Rupees whichever is lower
Equity IntradayFlat Fee 20 Rupees0.01% or 9 Rupees whichever is lower
Equity FuturesFlat Fee 20 Rupees0.01% or 9 Rupees whichever is lower
Equity OptionsFlat Fee 20 RupeesFlat Fee 9 Rupees
Currency FuturesFlat Fee 20 Rupees0.01% or 9 Rupees whichever is lower
Currency OptionsFlat Fee 20 RupeesFlat Fee 9 Rupees
Commodity TradingFlat Fee 20 RupeesFlat Fee 9 Rupees
Minimum BrokerageNANIL
Hidden ChargesNoNo
FundingYes – 18% interest PAYes – 18% interest PA
Call & Trade Charges100 Rupees per call(No limit of orders)20 Rupees per executed Order

Transaction Fee

In terms of the transaction fee, we can compare 5Paisa & SAS Online as below. Here we can see from the below table, the transaction charge of SAS Online in certain segments are higher than 5Paisa. 

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Particulars 5paisaSAS Online
Equity Delivery325 Rupees Per Cr325 Rupees Per Cr
Equity Intraday325 Rupees Per Cr325 Rupees Per Cr
Equity Futures190 Rupees Per Cr250 Rupees Per Cr
Equity Options5000 Rupees Per Cr6500 Rupees Per Cr
Currency Futures110 Rupees Per Cr165 Rupees Per Cr
Currency Options4000 Rupees Per Cr6000 Rupees Per Cr
CommodityNANon-Agri: 360 Rupees Per Cr
Agri: 275 Rupees Per Cr

Account Feature 

Several account features are offered by different broking organizations. Considering 5Paisa & SAS Online based on account feature we derived the below details. 

Particulars5paisaSAS Online
3 in 1 Account facility
Charting facility🗹🗹
Algo Trading facility🗹🗹
SMS Alerts facility🗹
Online Demo service🗹🗹
Online Portfolio facility
Margin Trading Funding Availability🗹
Combined Ledger for Equity and Commodity🗹🗹
Intraday Square-off Time3:15 PM3:15 PM
NRI Trading facility
Other FeaturesNILNIL

5Paisa Vs SAS Online Trading Terminal 

In this digital era, having a safe, secure & simple trading platform can be referred to as a basic need of an investor. Comparing 5Paisa & SAS Online based on the trading terminal we get the below-mentioned details. 

Particulars5paisaSAS Online
Desktop Trading Platform5paisaTradeStationAlpha Trader
Desktop Platform (Windows)🗹🗹
Desktop Platform (Mac)
Web Trading Platform🗹🗹
Web Trading Detail5paisa.com/online-tradingalpha.sasonline.in
Mobile Site🗹🗹
Mobile Trading🗹🗹
Mobile Trading App5paisa Mobile AppAlpha Mobile
Android Mobile App🗹🗹
iPhone Mobile App (IOS)🗹🗹
Android Tablet App🗹🗹
iPad App (IOS)🗹🗹
Trading Software ChargesFreeFree

Comparison Investment Offering

Comparing 5Paisa & SAS Online based on product offering we derived the below-mentioned details: 

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Particulars5paisaSAS Online
Equity Cash and F&O🗹🗹
Currency Derivatives🗹🗹
Commodity🗹🗹
Online IPO Application
Mutual Funds🗹
Bond / NCD🗹
ETF🗹🗹
Banking
Insurance🗹
Forex
MF SIP Investment🗹
Equity SIP Investment
PMS Service
Other Investment OptionsNILNIL

5Paisa Vs SAS Online Leverage/Margin:

In terms of Leverage/Margin comparing 5Paisa & SAS Online we get the below details: 

Particulars5paisa MarginSAS Online Margin
Equity Delivery Margin Maximum 3.5x via Margin Funding.Maximum 1x Margin through Equity Delivery system, Equity Plus – Up to 4x Margin.
Equity Intraday Margin Maximum 10x or 10% subject to Var and ELM.Maximum 10x or 10% subject to Var and ELM.
Futures Margin 1x or the particular SPAN + Leverage.1x or the particular SPAN + Leverage.
Options Margin 1x or the particular SPAN + Exposure in Selling a share and Premium Margin in Buying a share.1x or the particular SPAN + Exposure in Selling a share and Premium Margin in Buying a share.
Equity CO Margin Maximum 10x or 10% subject to Var and ELM, no additional leverage charges are included for Cover Order.Maximum 10x or 10% subject to Var and ELM, no additional leverage charges are included for Cover Order.
Futures CO Margin 1x or the particular SPAN + Exposure margin, No additional leverage charges are included for Futures Cover Order.1x or the particular SPAN + Exposure margin, No additional leverage charges are included for Futures Cover Order.
Options CO Margin 1x or the particular SPAN + Exposure margin(Selling a share) or Premium Margin(Buying a share), No additional leverage charges are included for Options Cover Order.1x or the particular SPAN + Exposure margin(Selling a share) or Premium Margin(Buying a share), No additional leverage charges are included for Options Cover Order.
Commodity Margin 1x or the particular SPAN + Exposure in Selling a share and Premium Margin in Buying a share.1x or the particular SPAN + Exposure in Selling a share and Premium Margin in Buying a share.

Customer Assistance: 

Customer care service is nowadays mandatory for every organization. If we compare 5Paisa & SAS Online based on their respective customer support mechanism we would get the below details: 

Particulars5paisaSAS Online
24/7 Customer Service 
Email Support 🗹🗹
Online Live Chat 
Phone Support 🗹🗹
Toll Free Number 
Through Branches 
Customer Care Number “+91 89766 89766”011-40409999, 011-40409900
Account Opening Process Online/PaperlessOnline/Paperless
Customer Support Email [email protected][email protected]
Knowledge Center/Education 5paisa.com/knowledge-centresasonline.freshdesk.com/support/home
Head Office Address 5paisa headquarters
Sun Infotech Park, Road No.16V, Plot No.B-23 Thane , Industrial Area, Wagle Estate,
Thane – 400604
SAS Online,
3rd Floor, Building No. 5,
Local Shopping Complex, Rishabh Vihar
East Delhi – 110092
Website 5paisa.comsasonline.in
open sas online demat account

Compare DEMAT Account Feature:

Comparing 5Paisa & SAS Online based on DEMAT account feature offering we get the below details: 

 Particulars5paisaSAS Online
DP SourceCDSLNSDL
DP ID 82500NSDL – IN3
Demat Account Annual Maintenance Charges(AMC)Monthly Plan – 45 Rupees (In case of any transaction in a month)200 Rupees
Advance DepositNILNil
Statutory chargesNilNil
Transaction Charges on Debit (Per ISIN)0.025% or 25 Rupees whichever is higher + CDSL charges9 Rupees + NSDL Charges
Demat15 Rupees per certificate2 Rupees per certificate + 35 Rupees courier charges
Remat15 Rupees for every hundred securities or 15 Rupees per certificate whichever is higher0.05% of transaction value or 25 Rupees whichever is higher + CDSL charges
Pledge Creation50 Rupees15 Rupees per transaction
Pledge Creation ConfirmationNILNIL
Pledge ClosureNILNIL
Pledge Closure ConfirmationNILNIL
Pledge InvocationNIL50 Rupees per instruction
Failed Instruction ChargesNiL30 Rupees
Other ChargesNilNil
open 5Paisa Demat acc

End Note:

Both 5Paisa & SAS Online are enough famed in their discount brokering segment. They both offer different and many services and products to their customers. Likewise, they are technically advanced to motivate today’s generation to involve in investing. 

But apart from having various benefits, both organizations have some faults also. So, every trader should be aware of that before taking the investing decision. 

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